Hire Purchase FlexiPay
What to expect
Hire Purchase FlexiPay is designed for those with seasonal cash flows. You can structure your loan tenure with up to five years and 80% financing. We have two different FlexiPay options:
Option 1: FlexiPay - Seasonal Payments
This financing option allows you to have up to 4 lower monthly instalments per year, whereby the remaining months of the year will be adjusted accordingly.
Option 2: FlexiPay - Payment Holiday
Payment Holiday is a feature where you may opt to skip one instalment per year throughout the period of agreement. The monthly instalment during the Payment Holiday month will be spread out equally to the remaining months.
- Set payment schemes at beginning of agreement to suit your personal cash flow
- Flexible instalments to match your expected future income growth
- Ownership at the end of the finance period